Committees of the Board

Audit Committee

The Company has constituted a qualified and independent Audit Committee as required under Section 177(1) of the Companies Act, 2013. The Audit committee functions under the Chairmanship of Mr. CA. N V Mahadevan, Non-Executive (Independent) Director. There are one other Independent Director and the Managing Director in the audit committee, who possess sound knowledge of accounts, finance, audit and legal matters. The company secretary acts as the Secretary of the Audit Committee.

Name of Director	Position on Committee
Mr. CA. N V Mahadevan DIN: 00073834	Chairman (Independent & Non-Executive Director)
Mr. Josekutty V E DIN: 10358372	Member (Independent & Non-Executive Director)
Mr. V S Prasannan DIN: 02460606	Member

Nomination & Remuneration Committee

The Nomination and Remuneration Committee is constituted to ensure that eminent and experienced persons are appointed as Directors and to determine the Company’s policies on remuneration package for Directors and KMPs and other employees.

Name of Director	Position on Committee
Adv. N K Unnikrishnan DIN: 10762487	Chairman (Independent & Non-Executive Director)
Mr. Josekutty V E DIN: 10358372	Member (Independent & Non-Executive Director)
Mr. Remesh Kumar K DIN: 01789719	Member (Non-Executive Director)

Corporate Social Responsibility Committee

The Company has constituted Corporate Social Responsibility Committee (CSR) which have substantial roles and responsibilities in respect of projects to be recommended to the Board and also for the monitoring of the CSR projects, reporting. Corporate Social Responsibility Policy (CSR Policy) indicating the activities to be undertaken by the Company, which has been approved by the Board.

Name of Director	Position on Committee
Mr. Remesh Kumar K DIN: 01789719	Chairman (Non-Executive Director)
Mr. CA. N V Mahadevan DIN: 00073834	Member (Independent & Non-Executive Director)
Mr. V S Prasannan DIN: 02460606	Member

Stakeholders Relationship Committee

The Company has constituted a Stakeholders Relationship Committee, chaired by Mrs. Devi Deepakumar, to monitor investor complaints/grievances and ensure their prompt redressal, including complaints relating to transfer/transmission of shares, non-receipt of Balance Sheets, dividend warrants, etc.

Name of Director	Position on Committee
Ms. Devi Deepkumar DIN: 06385518	Chairperson (Non-Executive Director)
Adv. N K Unnikrishnan DIN: 10762487	Member (Independent & Non-Executive Director)
Mr. V S Prasannan DIN: 02460606	Member

Internal Complaints Committee

Maben Nidhi Limited has adopted the POSH Policy and constituted Internal Complaints Committee, for the protection of women against sexual harassment at work place. Further the Board of Directors re-constituted the Internal Complaints Committee with the following members at their meeting held on 31st March 2023.

Name of Member	Position on Committee
Ms. Shelly Ekalavian	Presiding Officer
Ms. Boony Santhosh	External Member
Ms. Beena K S	Member
Ms. Shainamol P K	Member

Board Composition